1520 Noble ST, Anderson, IN 46016
1520 Noble ST, Anderson, IN 46016
1520 Noble ST, Anderson, IN 46016
18
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Listed by Alyssa Burton • Inspired Realty
$130,000
Est. payment /mo
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3 Beds
2 Baths
2,179 SqFt
Active

1520 Noble ST Anderson, IN 46016

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Jamie Spitler, CLHMS

Jamie Spitler, CLHMS

+1(317) 652-0436

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,179 sqft

Price per Sqft $59

Subdivision Orr & Mcclures Avenue

MLS Listing ID 22089095

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1891

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Single Family Residence

Property Description

Investor opportunity! This tenant-occupied 3-bedroom, 2-bath home is currently rented for $1,467/month, with the tenant responsible for all utilities and lawn care, creating a low-maintenance investment from day one. The property has a long-term tenant in place with an established history of timely payments. Several key updates have already been completed, including a new roof (2021), new flooring and appliances (2021), and a new furnace (2023), helping minimize near-term capital expenses. The home offers a functional layout with in-unit laundry provided for the tenant and includes a mudroom that could potentially be converted into a 4th bedroom, creating additional value-add potential for investors. Exterior features include an attached garage, spacious backyard, and welcoming front porch. The entire street on Noble St was recently repaved by the city, providing a smooth and attractive drive-up to the property. At the $130,000 list price, the property meets the sought-after 1% rule, making it a strong addition to an investor's portfolio. Existing mortgage with approximately a 3.5% interest rate may be assumable for qualified buyers, offering a potential financing advantage in today's rate environment. Stable income, recent updates, and future upside potential. Please do not disturb tenant.

Location

State IN

County Madison

Rooms

Basement Ceiling - 9+ feet

Main Level Bedrooms 1

Interior

Interior Features Ceiling Vaulted

Heating Forced Air, Natural Gas

Cooling Central Air

Equipment None

Fireplace Y

Appliance Other, Gas Water Heater, Microwave, Washer, Refrigerator, Dryer

Exterior

Garage Spaces 1.0

Building

Story Two

Foundation Block

Water Public

Architectural Style Traditional

Structure Type Vinyl Siding

New Construction false

Schools

School District Anderson Community School Corp

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Jamie Spitler, CLHMS

Jamie Spitler, CLHMS

Team Leader | RBRB17000110

+1(317) 652-0436

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1520 Noble ST

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